Starmer backs Mandelson amid calls for his sacking September 10, 2025 Keir Starmer has said he has “full confidence” in the UK’s ambassador to the US Peter Mandelson despite calls from his own backbenches for him to be sacked over new revelations about his links to the notorious Jeffrey Epstein. The prime minister said “due process” was followed around Mandelson’s appointment to his key ambassadorial role [...]
Government urged to rethink digital procurement as ambitions stall September 10, 2025 The government’s ongoing ambitions for digital transformation risk grinding to a halt unless it overhauls the way it funds and invests in technology, according to a new report from techUK. The body’s recent ‘Financing the Future’ study posited that Whitehall’s procurement system remains too rigid and too focused on short-term products rather than long-term digital outcomes. Instead, [...]
Chancellor concedes higher taxes could hit economic growth September 10, 2025 Chancellor Rachel Reeves has acknowledged higher taxes could impact economic growth as she seeks to increase private investment in the UK. Speaking at the British Private Equity and Venture Capital Association summit, the chancellor told investors she had to hike taxes in her maiden budget in order to place finances on a “firm footing and [...]
Von der Leyen: Russia must pay for Ukraine’s recovery September 10, 2025 The European Commission has called for another package of sanctions against Russia with President Ursula von der Leyen saying: “This is Russia’s war, and it is Russia that should pay.” During her 2025 ‘State of the Union’ address, von der Leyen emphasised that European taxpayers should not be the only ones bearing the brunt of [...]
City of London Police chair: Fraud is ‘damaging the foundations of our nation’ September 10, 2025 The chair of the City of London Police Authority Board has warned that fraud is “damaging the foundations of our nation” and the UK must treat it with the same urgency as street crime. Speaking at the Police Authority Board dinner on Wednesday, City AM can reveal that Tijs Broeke told senior police, business, and [...]
LNER passenger data accessed in cyber attack September 10, 2025 Train operator LNER has revealed passenger contact details and some information about past journeys have been accessed in a cyber attack. The government-owned firm, which operates services on the East Coast main line between London and Scotland, said the breach involved files managed by a third-party supplier. In a statement, LNER said that “no bank, [...]
Starling Bank eyes £4bn valuation in secondary share sale September 10, 2025 UK fintech Starling is eyeing a valuation of £4bn in a new secondary share sale. The digital lender is in talks with Morgan Stanley and Rothschild to run the sale process, which the firm is hoping could help it net a valuation between £3.5bn and £4bn. The sale – the first since the group’s valuation [...]
Tottenham Hotspur take £90m loan following big-spending summer September 10, 2025 Tottenham Hotspur have taken out a £90m loan from Australian bank Macquarie in a move that improves the heavily indebted Premier League club’s cash flow. Spurs have borrowed the sum against future media rights revenue that they are due to receive from the Premier League during the current season. Such loans are not uncommon even [...]
‘Embarrassed’ Mandelson: More Epstein letters ‘going to come out’ September 10, 2025 Lord Mandelson has apologised for the “embarrassing” letter he wrote to Jeffrey Epstein in which he referred to the convicted sex trafficker as his “best pal”, saying he “regrets very deeply” continuing his relationship with him after he was convicted. The former Labour spin doctor, often referred to as ‘the Prince of Darkness’, said that [...]
Salford Red Devils owners accused of using fraudulent bank documents September 10, 2025 Super League team Salford Red Devils’ owners have been accused of trying to buy their £14m stadium using fraudulent bank documents. The club, who share the Salford Community Stadium with Prem Rugby club Sale Sharks, have been embroiled in financial chaos for much of the season. Isiosaia Kailahi and Curtiz Brown took charge of the [...]